Former Papsico CEO Indra Nooyi is is an IndianAmerican business executive is now considered as World Bank President by white house.
In August,2018 she step down as a PepsiCo CEO after serving 12 years.According to The New York Times,she “has been courted as an administration ally by Ivanka Trump, the President’s eldest daughter who is playing a role in the selection of a nominee.”
According to some people who are familiar with the process said that the decision-making process for nominating World Bank topmost position is “fluid and in its initial stages and early front-runners and candidates often fall off the radar, or withdraw from consideration before the president make his ultimate pick”.
Few days ago the current World Bank president Jim Yong-kim,states that he would step down in February from his post. Notably, Jim has stepped down from the designated position nearly three years before the actual end of his term.